Andrew Bartels says, “We have just published Forrester’s semi-annual global tech market outlook report for 2015 and 2016 (see “The Global Tech Market Outlook For 2015 To 2016 — Five Themes That Will Define The Tech Market“).  In this report, we are projecting growth of 4.1% in 2015 and 6.3% in 2016 business and government purchases of computer and communications equipment, software, and tech consulting and outsourcing services measured in US dollars.  These growth rates are distinct improvements over the 2.3%  growth in 2014.  The strong dollar is a key negative factor in these forecasts; measured in local currency terms, the growth track for the global tech market is higher with a gentler upward slope, from 3.3% in 2014 to 5.3% in 2015 and 5.9% in 2016.

Our global tech market outlook can be defined with five main themes:

  1. Moderate 5% to 6% rates in 2015 and 2016 in local currency terms. While a stronger-than-expected US dollar has resulted in lower dollar-denominated growth rates for 2014 and 2015 than in our August 2014 projections, though a stronger-than-expected US dollar both years caused a downward revision in these growth rates”.

Global Tech Market Looking Better For 2015, At Least In The US

The Forrester Blog

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